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Silva et al., 2015 - Google Patents

Intended use of proceeds, underwriter quality and the long‐run performance of SEOs in the UK

Silva et al., 2015

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Document ID
16639569306596939488
Author
Silva A
Bilinski P
Publication year
Publication venue
Journal of Business Finance & Accounting

External Links

Snippet

We document that prospectus disclosure of (i) the motives for a seasoned equity offering, and (ii) the choice of underwriter explain the long‐run performance of equity issuers in the UK. Firms citing investment needs show no abnormal performance after the offering and …
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